Integrated Wealth Concepts LLC Sells 195,502 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Integrated Wealth Concepts LLC lessened its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 75.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,282 shares of the bank’s stock after selling 195,502 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $848,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BBVA. Private Trust Co. NA grew its holdings in Banco Bilbao Viscaya Argentaria by 224.7% during the first quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock valued at $36,000 after purchasing an additional 1,804 shares during the last quarter. Bessemer Group Inc. boosted its stake in Banco Bilbao Viscaya Argentaria by 25.3% during the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank’s stock worth $53,000 after buying an additional 787 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the first quarter worth $209,000. GAMMA Investing LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 48.5% in the 1st quarter. GAMMA Investing LLC now owns 16,135 shares of the bank’s stock valued at $220,000 after purchasing an additional 5,269 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 3.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,767 shares of the bank’s stock valued at $474,000 after purchasing an additional 1,222 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA opened at $19.10 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a 50 day simple moving average of $17.17 and a 200 day simple moving average of $15.27. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $9.23 and a 52-week high of $19.39. The firm has a market capitalization of $111.50 billion, a PE ratio of 10.05, a P/E/G ratio of 1.00 and a beta of 1.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.05. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%.The business had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.24 billion. Sell-side analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on BBVA shares. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Banco Bilbao Viscaya Argentaria has an average rating of “Buy”.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.